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Star Wars, Inventories in Focus for Hasbro Q3

May 23, 2023
in Trade Tube
Reading Time: 1 min read
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Shares of Hasbro were up nicely Friday ahead of the company’s 2016 third quarter results, due out before Monday’s opening bell. Wall Street is projecting that earnings and revenue will rise year-over-year. Analysts are forecasting that the Pawtucket, RI-based toy company will report adjusted earnings of $1.74 per share on revenue of $1.56 billion. During the same quarter last year, Hasbro earned $1.58 per diluted share on revenue of $1.47 billion. As to what analysts will be looking for on Monday Star Wars sales and inventory levels especially after last quarter’s 42% year-over-year increase.

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